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Google's non-profits strategy Title: Google's non-profits strategy
PermaLink: http://www.soxfirst.com/50226711/googles_nonprofits_strategy.php

Filed in archive Ethics by leon on July 17, 2007

It's taken some time coming but Google has announced it's extending its Google Apps online software suite for companies and organizations to non-profits.The announcement from the blog of...

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The SEC's stupid terror blacklist Title: The SEC's stupid terror blacklist
PermaLink: http://www.soxfirst.com/50226711/the_secs_stupid_terror_blacklist.php

Filed in archive regulators by leon on July 16, 2007

The US administration's paranoid obsession with terrorism has gone too far with the Securities and Exchange Commission's link on state sponsors of terrorism. It's a knee-jerk reaction...

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How much time for Conrad Black? Title: How much time for Conrad Black?
PermaLink: http://www.soxfirst.com/50226711/how_much_time_for_conrad_black.php

Filed in archive corporate crime by leon on July 16, 2007

Conrad Black insists last week's verdict was just an aberration and that he will win ("The prosecutors lost most of their case and we move on to the Court of Appeals and expect to dispose of...

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Black years in jail Title: Black years in jail
PermaLink: http://www.soxfirst.com/50226711/black_years_in_jail.php

Filed in archive corporate crime by leon on July 14, 2007

So Conrad Black has been convicted as a fraudster. For a neat summary of how the media responded to the verdict, go to Macleans.Now attention turns to the appeal and what he's likely to get. One...

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Watch out for superstar CEOs Title: Watch out for superstar CEOs
PermaLink: http://www.soxfirst.com/50226711/watch_out_for_superstar_ceos.php

Filed in archive corporate governance by leon on July 13, 2007

When BusinessWeek and Forbes name their lists of "Best Managers" or "Best Performing CEOs", it could be the kiss of death. Not only for the CEO but the company and investors. That...

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Six steps for forecasting Title: Six steps for forecasting
PermaLink: http://www.soxfirst.com/50226711/six_steps_for_forecasting.php

Filed in archive risk by leon on July 13, 2007

Earlier this year, I did a blog entry looking at the problems of forecasting the future. Forecasting, I said, was not so much a matter of predicting the future. It was more about exploring patterns...

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Corporate risk gaps Title: Corporate risk gaps
PermaLink: http://www.soxfirst.com/50226711/corporate_risk_gaps.php

Filed in archive risk by leon on July 12, 2007

Companies might be skilled at handling credit, market and financial risk, but they are hopeless when dealing with emerging risk issues of climate change, holding on to talent, and terrorism,...

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US corporate governance - 9 flash points Title: US corporate governance - 9 flash points
PermaLink: http://www.soxfirst.com/50226711/us_corporate_governance_9_flash_points.php

Filed in archive corporate governance by leon on July 12, 2007

Last month, the Australian Council of Super Investors, which represents the country's big industry super funds, had an interesting conference on corporate governance. One their guests, Stuart...

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Pace of US class-action filings falls: less fraud or strong market? Title: Pace of US class-action filings falls: less fraud or strong market?
PermaLink: http://www.soxfirst.com/50226711/pace_of_us_classaction_filings_falls_less_fraud_or_strong_market.php

Filed in archive litigation by leon on July 11, 2007

The number of securities class actions is down significantly, falling to well below average, according to a study by legal research firm Cornerstone Research and Stanford University Law School.So why...

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Conrad Black's fan club waits for the verdict Title: Conrad Black's fan club waits for the verdict
PermaLink: http://www.soxfirst.com/50226711/conrad_blacks_fan_club_waits_for_the_verdict.php

Filed in archive corporate crime by leon on July 11, 2007

Tense hours ahead for Conrad Black as he flips a bird at the media in the lead-up to the jury decision as whether he gets sent to jail for the rest of his life, or walks.The jury has been......

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Burned up cooking the books Title: Burned up cooking the books
PermaLink: http://www.soxfirst.com/50226711/burned_up_cooking_the_books.php

Filed in archive corporate crime by leon on July 10, 2007

Crime doesn't pay. Well, for some. Contrary to claims that managers lie, cheat, cook the books and get away with it, a new study shows that individual perpetrators suffer huge consequences. Not...

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Private equity, corporate governance and vampires Title: Private equity, corporate governance and vampires
PermaLink: http://www.soxfirst.com/50226711/private_equity_corporate_governance_and_vampires.php

Filed in archive corporate governance by leon on July 10, 2007

At the beginning of this month, I raised the question of whether the private equity party is over. But the events of the past week have shown me that the reports of private equity's death are...

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Six organizational pathologies Title: Six organizational pathologies
PermaLink: http://www.soxfirst.com/50226711/six_organizational_pathologies.php

Filed in archive strategy by leon on July 09, 2007

When organizations go bad, they usually succumb to one of six pathologies.1. Myopic organizations: These are the kinds of places where the leadership is in the grip of a protective stupidity, where...

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Natural gas and the Enron loophole Title: Natural gas and the Enron loophole
PermaLink: http://www.soxfirst.com/50226711/natural_gas_and_the_enron_loophole.php

Filed in archive markets by leon on July 09, 2007

The ghost of Enron lives on.It will be there when a US Senate sub-committee examines whether electronic energy exchanges should be subject to stricter rules. The problem goes back to 1993 when Enron...

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L'Oreal found guilty of racism Title: L'Oreal found guilty of racism
PermaLink: http://www.soxfirst.com/50226711/loreal_found_guilty_of_racism.php

Filed in archive Ethics by leon on July 07, 2007

A division of French cosmetic giant L'Oreal has been fined €30,000 ($US41,000) and one of its officers given a suspended three months prison sentence for systematic racial bias.L'Oreal unit...

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Michael Oxley: effects of SOX are overstated Title: Michael Oxley: effects of SOX are overstated
PermaLink: http://www.soxfirst.com/50226711/michael_oxley_effects_of_sox_are_overstated.php

Filed in archive SOX by leon on July 06, 2007

In recent months, I have looked at how Sarbanes-Oxley's co-writer Michael Oxley has joined a law firm to help companies get around Sarbox, taken on another paid gig at Nasdaq and blamed the...

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Halliburton denies accounting claim Title: Halliburton denies accounting claim
PermaLink: http://www.soxfirst.com/50226711/halliburton_denies_accounting_claim.php

Filed in archive Accounting by leon on July 06, 2007

Earlier this week, I did a blog entry looking at allegations from a former Halliburton employee that the world's second-largest oilfield-services company had artificially inflated its revenues...

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Climate change litigation risk Title: Climate change litigation risk
PermaLink: http://www.soxfirst.com/50226711/climate_change_litigation_risk.php

Filed in archive risk by leon on July 05, 2007

Lawyers are cashing in on climate change. Law firms around the US are getting ready for an explosion of work. Attorneys expect a bonanza of climate-related work tied to government regulation,...

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Detecting fraud Title: Detecting fraud
PermaLink: http://www.soxfirst.com/50226711/detecting_fraud.php

Filed in archive corporate crime by leon on July 05, 2007

What are the main characteristics of companies that engage in fraud? What are the tell-tale signs?A new study reveals that price-earnings ratios and market-to-book ratios are unusually high prior to...

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Halliburton's dodgy numbers Title: Halliburton's dodgy numbers
PermaLink: http://www.soxfirst.com/50226711/halliburtons_dodgy_numbers.php

Filed in archive Accounting by leon on July 04, 2007

New allegations about Halliburton. The oil-field-services giant has been accused of deliberately distorting its accounts through false accounting. Potentially, that could land the company in serious...

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